IBPS Clerk Quant Profit and Loss 7

2 years ago .

Here is a quiz for upcoming Banking exams like IBPS Clerk V and other Banking Exams. This quiz contains important questions which match the pattern of banking exams, so make sure you attempt today’s Quantitative Aptitude IBPS Clerk Simplification Quiz to check your preparation level.

IBPS Clerk Quant Profit and Loss 7

Que. 1

A shopkeeper sells articles on cost price but he uses 900 gm in place of 1 kg. Find his profit percent.

1.

\(9\frac{1}{{11}}\%\)

2.

\(11\frac{1}{9} \%\)

3.

10%

4.

15%

5.

None of these

Solution

Answer:

Assume that 1gm of the article costs 1 rupee (this number does not matter, you can take this as 'x').
So CP = Rs.900
SP = Rs.1000
Therefore,

Solution

A shopkeeper marks price 25% more than the cost price of that article and gives a discount of 10% on marked price. If marked price of a article is 2500 Rs, how much profit will the shopkeeper gain after selling that article.

Three persons A, B and C started a business investing amount 20,000 Rs, 30,000 Rs and 40,000 Rs respectively. At the end of the year the total profit was distributed among them in the ratio of their investments. If the share of B in the profit was 3981 Rs. Then find the total profit in the business.